- Public Consultation Overview: Hungary has initiated a public consultation on a new mandatory B2B e-invoicing and digital reporting model, aligned with the EU’s ViDA, focusing on domestic and intra-EU transactions, with feedback accepted until January 20, 2026.
- Proposed Framework and Technical Specifications: The new model will require EN 16931-compliant XML e-invoices to be exchanged via Peppol or similar secure channels, with the authoritative format being XML, while visual formats like PDFs may be supplementary. A decentralized reporting approach will involve sellers and, in specific cases, buyers reporting e-invoices to NAV.
- Key Parameters for Implementation: Draft guidelines propose timelines for invoice issuance (8 days for domestic, 10 days for intra-EU), validation checks, and the potential for a free NAV app for providers. Stakeholders are encouraged to provide input to influence the final framework, including duties, deadlines, and adoption of standards.
Source: rtcsuite.com
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
- Join the LinkedIn Group on ”VAT in the Digital Age” (VIDA), click HERE
—-
Latest Posts in "Hungary"
- Hungary Clarifies VAT Reverse Charge Rules for Construction and Installation Services
- Tax Authority to Audit Retail Stores in Bács-Kiskun County, Focusing on Receipts and Employee Reporting
- Hungary Mandates Detailed M-Sheet VAT Deduction Reporting from July 2026; Full Digital Shift Ahead
- Hungary Unveils ViDA Plan: Mandatory E-Invoicing and Major VAT Reform Announced
- Hungary Retires ÁNYK: Preparing for Digital VAT Returns and Enhanced Compliance in 2026
